Stock Exchange

KARACHI: Moody’s Investors Service said on Tuesday the rupee will likely face ongoing depreciation pressures against the dollar after a five per cent downward adjustment last month. If the rupee depreciates markedly further, the State Bank of Pakistan (SBP) will find it difficult to keep inflation under control, it added. However, Moody’s said if the […]

The Pakistan Stock Exchange (PSX) landed in the red again on Thursday, with the benchmark KSE-100 index losing 596 points, or 1.54 per cent, to close at 38,224 points. The index lost over 200 points within the first 15 minutes of trading and CONTINUED on a downward spiral to hit the day’s low of 38,127 […]

Pakistan Stock Exchange (PSX) closed higher on Tuesday, with the benchmark KSE-100 index gaining 152 points, or 0.37 per cent, to close at 41,279 points. The index hit a high of 41,411 points but fell mid-session to touch the day’s low of 41,025 points, only to recover towards the end. 99.68 million stocks worth Rs5.41 […]

Pakistan Stock Exchange (PSX) slipped on Monday, with the benchmark KSE-100 index losing 274 points, or 0.66 per cent, to close at 41,127. The index opened higher on Monday and hit the day’s high of 41,552 but then began to lose points, touching the day’s low of 41,062 points towards the close of the trading […]

Bears dominated the Pakistan Stock Exchange (PSX) on Monday, with the benchmark KSE-100 index losing 412 points, or 0.88 per cent, to close at 46,466. The market hit its high point at 46,929 within the first half hour of trading, but continued to fall and marked 46,336 as the day’s low towards the close of […]

The Pakistan StockEXCHANGE (PSX) on Friday closed the week on a positive note, with the benchmark KSE-100 index gaining 295 points to close at 39,080. The market showed some negativity in the first few minutes to hit a day’s low of 38,432 points but rebounded immediately to continue on an upward trajectory for most of […]

The Pakistan Stock Exchange (PSX) closed slightly higher on Friday with the benchmark KSE-100 Index gaining 104 points, or 0.24 per cent, to close at 42,787. The index touched a day’s high of 43,014 during the first half and a low of 42,538 in the second half of trading as volumes surged to 97.95 million. […]

The forex market is confused. From bank treasurers and dealers in the interbank market to owners and operators of forex companies, all are uncertain about the future of the rupee. “We don’t know exactly when we’ll get a reliable clue on exchange rates from policymakers. But market fundamentals suggest the rupee is being pampered. The […]

The Pakistan Stock Exchange (PSX) on Friday closed flattish, with the benchmark KSE-100 Index losing 58 points, or 0.13 per cent, after witnessing a mid-day bearish trend. The market hit the day’s high of 43,187 points in the second half of the session, after touching a day’s low at 42,347 points in the first half […]

Bears dominated Pakistan Stock Exchange (PSX) on Wednesday, with the benchmark KSE-100 index losing 389 points, or 0.93 per cent, to close at 41,390. KSE-100 index started trading on a positive note gaining over 270 points to test the day’s high at 42,054 but began on a downward spiral to hit the low of 41,325 […]